Quote Originally Posted by fishman3811
Come on P4B you cant believe everything FOX news tells you.
Fox News?? They're just a TAD better than the rest about reporting any sort good news out of Iraq but they don't report anything dealing with the economy.......BUT that is an issue that holds special interest with me.

FACT is this, the Iraqi economy has been showing the largest increase of any other of the middle eastern economys.
The unemployment rate reported in this article is also bogus. It's actually down to 27% by last reports which isn't great but is a vast improvement from when we started.
Their currency value has risen from 4000IQD:1USD to 1264IQD:1USD since the invasion.
A manufacturing agreement was signed between Iraq and Jordan to build the largest manufacturing cell in the middle east on it's border to promote employment and trade between both countries.
Debt relief from Western countries has ranged from 80% to 100%.
The Paris Club, which was one of the major debt holders has forgave 80% of their debt.
As of the beginning of this month, plans were signed for debt relief in the sum of $38 bill. from middle eastern countries.
Oil investment is coming in from Canada, Norway, Japan, not to mention the new oil law that will be passed shortly. China has also shown recent interest in investment.
The northern sector has once again become the breadbasket of the region to the point that they don't have enough packaging facilities. This will create even more investment and jobs.

The average annual income of an Iraqi household is currently at $1,500/year and with the new oil law each family will be receiving a check for $3,500/year esculating with oil output.

It's not all peaches and cream over there but I just love these asshole attention seeker reporters that twist the facts to suit their sales agenda. You DON'T tell a man with a broken leg that he's dying of cancer..............

The way this so called "journalist" twisted the actual truth of the economic facts how can anyone actually believe the rest?

Have a good one!:s4: